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International Business Times
International Business Times
World

Defence, Joint Debt And Farmers: EU Draws Budget Battle Lines

The EU will present its long-term budget for beyond 2027 next week but Brussels faces a delicate balancing act (Credit: AFP)

When the European Union unveils its long-term spending proposals next week, it will kick off the bloc's biggest budget battle in recent history.

EU chief Ursula von der Leyen has a mammoth task on her hands: present a budget for 2028-2034 that supports farmers, helps member states ramp up their defence spending, and all while paying back the debts racked up during the covid pandemic.

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